ANALYSIS OF TWO (2)
PROJECT MANAGEMENT TOOLS
BY
IKECHUKWU, ONYEJEKWE
2017
TABLE OF CONTENT
Abstract
1.0 Introduction
1.1 Evaluation of Two (2) Project Management Tools
1.2 Work Breakdown Structure
1.2.1 Limitation of the Work Breakdown Structure
1.3 Gantt Chart
1.3.1 Limitation of the Gantt chart
1.4 Comparison of the Work Breakdown Structure (WBS) and Gantt chart
1.5 Conclusion
References
ABSTRACT
Project management is a field of management practice that has been consistently utilised by organisation globally to achieve results in all project execution. Project management aid business corporations to minimise the duration in development of products, make use of available resources, and manage stakeholder’s requirements (Cleland, 1998). In project management, project planning is essentially the first step where all requirements for the successful creation and delivery of project outcome is defined and these activities are clearly done by using project management tools. This article evaluates the use of projects management tools and how they impact project outcome. This study also analyses two project planning tools namely; Work Breakdown Structure (WBS) and the Gantt chart. The focus of this paper is to discuss the use of these planning tools, their advantages, deficiencies, and comparison of their features and recommend ways to mitigate any challenge that may arise during the course of utilisation. It is important to note that the
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To organise for project management requires an understanding of the organisation’s architecture which includes the organisational hierarchy - the grouping of internal business units, the authority lines and interaction with one another. Each of these aspects should be designed to support project management within the organisation. Structure should follow strategy or else it may impede communication, coordination and decision making which are all key to success (Brevis, 2014, p. 224). Hence, an important function of upper management is to support project teams by either redesigning the organisation to emphasize projects or integrating projects into the current organisation (Graham & Englund, 2004).
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